image Always use your STOP LOSS

Gold (XAU/USD) with BiteFX

I am looking for first attack. It is either Bulls strike first or Bears strike first. Either way, I go with the first attack.

Gold (XAU/USD) with BiteFX

image Looks like the Bears want to come in. Double top. But, I would have loved to see what happens at the close of today, to enhance my directional bias. Anyways, it is what it is.

Gold (XAU/USD) with BiteFX

image I will buy that level. One candle close below, the next close above on M1 of course. I go Long

Gold (XAU/USD) with BiteFX

image

Gold (XAU/USD) with BiteFX

image Levels I am watching to go Long

Gold (XAU/USD) with BiteFX

My system's working is dependent on you. Your trading psychology, expectations, fears, gains, pains or greed level. But much more than that, there is a particular behaviour of Gold that you must know to help you design any successful and ...

Gold (XAU/USD) with BiteFX

image Levels for some monies. We wait again.

Gold (XAU/USD) with BiteFX

image Choose your level, then get ready to strike hard.

Gold (XAU/USD) with BiteFX

image Long

Gold (XAU/USD) with BiteFX

image Yeah...I got my 4th Long position. Now let's fly.

Gold (XAU/USD) with BiteFX

image Ooooooooooohps Former support turned resistance.

Gold (XAU/USD) with BiteFX

image Long entry looks like it's surviving... Plot 50% of the bearish move. Red box is the sell side liquidity. But, I am not shorting. I am bullish today.

Gold (XAU/USD) with BiteFX

image Use this parameters for ZIGZAG on MT5. Find 50% of a longer wave in either 123 or ABC wave, then trade the liquidity price above or below the 50%.

Gold (XAU/USD) with BiteFX

image Another Long... Let's see what's up

Gold (XAU/USD) with BiteFX

image Only 3 positions are alive in all the back and forth today. Whew!

Gold (XAU/USD) with BiteFX

image Levels I will buy from if price drops. Waiting and still holding Longs

Gold (XAU/USD) with BiteFX

image We are close to sell side liquidity. But D1 is still bullish. Holding Longs.

Gold (XAU/USD) with BiteFX

image I go again. Bears are stepping in, but D1 is still bullish

Gold (XAU/USD) with BiteFX